Compare AU
Compare BNKS vs. CNEW
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the BetaShares Global Banks Currency Hedged ETF (BNKS) and the VanEck China New Economy ETF (CNEW). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
BNKS | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 50 |
Median incremental investment | $1,020.31 | $703.09 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,024.64 | $1,908.27 |
Average age group | > 35 | > 35 |
Key Summary
BNKS | CNEW | |
|---|---|---|
Strategy | BNKS.AX was created on 2016-07-28 by BetaShares. The fund's investment portfolio concentrates primarily on financials equity. BNKS.AX aims to track the performance of an index (before fees and expenses) that comprises the largest global banks (ex-Australia), hedged into Australian dollars. | CNEW.AX was created on 2018-11-08 by VanEck. The fund's investment portfolio concentrates primarily on total market equity. CNEW.AX gives investors a portfolio of the most fundamentally sound companies in China having the best growth prospects in sectors making up the New Economy, namely technology, health care, consumer staples and consumer discretionary. CNEW.AX aims to provide investment returns, before fees and other costs, which track the performance of the Index. |
Top 3 holdings | BRL - BRAZILIAN REAL (0 %) AUD - AUSTRALIA DOLLAR (0 %) CAD - CANADA DOLLAR (0 %) | Flaircomm Microelectronics Inc Ordinary Shares - Class A (1.45 %) Gambol Pet Group Co Ltd Class A (1.18 %) MotoMotion China Corp Class A (1.12 %) |
Top 3 industries | Other (84.32 %) Communication Services (33.49 %) Financials (12.18 %) | Consumer Discretionary (45.81 %) Other (36.77 %) Consumer Staples (27.74 %) |
Top 3 countries | United States (34.16 %) Canada (15.63 %) Japan (8.37 %) | China (100.00 %) |
Management fee | 0.57 % | 0.95 % |
Key Summary
BNKS | CNEW | |
|---|---|---|
Issuer | BetaShares | VanEck |
Tracking index | Nasdaq Global ex-Australia Banks Hedged AUD Index - AUD | CSI MarketGrader China New Economy Index - CNY |
Asset class | ETF | ETF |
Management fee | 0.57 % | 0.95 % |
Price | $8.88 | $6.99 |
Size | $69.497 million | $110.475 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 2.35 % | 1.53 % |
Market | ASX | ASX |
First listed date | 01/08/2016 | 09/11/2018 |
Purchase fee | $6.50 | $6.50 |
Community Stats
BNKS | CNEW | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 50 |
Median incremental investment | $1,020.31 | $703.09 |
Median investment frequency | Monthly | Monthly |
Median total investment | $2,024.64 | $1,908.27 |
Average age group | > 35 | > 35 |
Pros and Cons
BNKS | CNEW | |
|---|---|---|
Pros |
| |
Cons |
|
BNKS | CNEW |
|---|---|
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Higher price growth | Lower price growth |
Higher distribution yield | Lower distribution yield |